Frontera Energy: Following Light Oil and Gas Condensate Discovery at the Kawa-1 Exploration Well, Frontera and JV Partner to Focus on Corentyne Block; Has in Principle Come to Mutual Agreement With Government of Guyana to Relinquish Demerara Block
MEG Energy: Ryan Kubik Will Be Co's New Chief Fincl Officer Effective Aug 1, 2022; Mr. Kubik Will Succeed Mr. Eric Toews Who, as Previously Announced, Plans to Retire Effective Sept 1, 2022; Following Mr. Kubik's Appointment, Mr. Toews Will Remain With Corp Until Sept 1, 2022 to Ensure a Smooth Transition
Expected Major Events for Friday
08:30/UK: 1Q Bank of England statistics on UK banks' external claims
08:59/JPN: Japan Monetary Policy Meeting decision
09:00/ITA: Apr Foreign Trade EU
11:00/UK: 2Q Bank of England Quarterly Bulletin
12:30/CAN: Apr International transactions in securities
12:30/CAN: May Industrial product & raw materials price indexes
13:15/US: May Industrial Production & Capacity Utilization
14:00/US: May Leading Indicators
14:00/US: May State Employment and Unemployment
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Expected Earnings for Friday
Silver Bull Resources Inc (SVB.T) is expected to report for 2Q.
Statera Biopharma Inc (STAB) is expected to report for 1Q.
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ANALYST RATINGS ACTIONS
AirSculpt Technologies Cut to Equal-Weight From Overweight by Morgan Stanley
Apple Hospitality REIT Raised to Buy From Neutral by B. Riley Securities
Armstrong World Raised to Buy From Hold by Loop Capital
Arthur J Gallagher & Co Raised to Outperform From Sector Perform by RBC Capital
AutoZone Raised to Overweight From Equal-Weight by Morgan Stanley
Boeing Raised to Buy From Neutral by Citigroup
Dollar General Raised to Overweight From Equal-Weight by Morgan Stanley
DuPont de Nemours Cut to Hold From Buy by Jefferies
Eastman Chemical Cut to Hold From Buy by Jefferies
Green Brick Partners Cut to Neutral From Buy by B. Riley Securities
Intl Flavors & Fragrances Cut to Hold From Buy by Jefferies
Republic Services Raised to Buy From Hold by Deutsche Bank
Sally Beauty Holdings Cut to Underweight From Equal-Weight by Morgan Stanley
Sanderson Farms Cut to Equal-Weight From Overweight by Consumer Edge Research
Taylor Morrison Home Cut to Neutral From Buy by B. Riley Securities
Tri Pointe Homes Cut to Neutral From Buy by B. Riley Securities
Watsco Cut to Underweight From Equal-Weight by Morgan Stanley
This article is a text version of a Wall Street Journal newsletter published earlier today.
(END) Dow Jones Newswires
06-17-22 0511ET